Growing transportation costs have skyrocketing fuel surcharges to blame
The freight market’s price growth comes from the 9.1% inflation rate, increasing fuel surcharges, and seasonal issues.
FedEx contractors band together for pay increase before peak season
FedEx Ground contractors are banding together to demand higher per-stop pay before the peak season comes around.
Vendors now have more opportunities for supply chain financing
The corporate supply chain finance market grew globally to a whopping $1.8 trillion in 2021 - a 38% increase from 2020.
Chief Procurement Officers (CPOs) should start thinking like CEOs
Chief procurement officers (CPOs) are responsible for a company’s resilience - as much as CEOs are responsible for it’s leadership.
Younger generation of drivers attracted by tech-savvy carriers
Keeping younger generations of drivers satisfied and effective in their positions will require digitizing their job’s tasks in an increasingly digitized world.
Ships traveling through “Ukraine Grain Corridor” struggle to get insured
Russia, Ukraine, Turkey, and the United Nations are gathering this week to sign a deal meant to guarantee the safe passage of grain from Ukraine across the Black Sea.
Inflation doesn’t seem as “temporary” as the White House claimed it was in July 2021
President Joe Biden claimed that inflation would be a “temporary” roadblock one year ago, but it seems to be far from temporary.
Private jet usage at its highest amidst a wealth boom and post-Covid travel demand
Major private jet manufacturers are swimming in cash - or maybe flying.
Supreme Court allows broker CH Robinson to take the fall for carrier-caused damages
The US Supreme Court has made controversial stances on Roe v. Wade and regarding California’s AB5 law, but a lesser known judgement sets a precedent for logistics liability.
Astronomical airfare is painful for travelers, but signals a healthier industry for airlines
Now that the Euro is equivalent to the U.S. dollar, many people want to book their European vacation - but the airfares are astronomical due to the rising fuel prices.
North Carolina is the best place for businesses
North Carolina is the United States’ number one state for business and boasts the strongest economy.
June inflation furthers recession concerns
Gas, food, and rent prices soared again in June, creating more urgency to resolve inflation issues and avoid a recession.
US travelers are ready to vacation, regardless of inflation and congestion
The desire to travel is stronger than ever, and the pent-up population is heading out for ‘revenge travel’ trips.
Pay isn’t everything, according to drivers ages 21-30
Drivers aged 21 to 30 who were surveyed reported stability, work-life balance, and carrier benefits as some of the more important factors to consider when choosing an employer.
Fuel prices projected to stay volatile for awhile
Fuel prices are expected to remain high for quite some time.
Significant increases in rates & supply chain difficulties are in store, according to Book Your Cargo
Book Your Cargo, a premium drayage service provider, is predicting that there will continue to be a significant increase in rates and supply chain difficulties throughout the month of July.
UPS Healthcare revitalizes UPS Premier packages
UPS Healthcare has reworked its UPS Premier packages with the goal of meeting customers’ needs.
Walmart blocks Amazon from purchasing any EV’s from startup Canoo
Walmart has struck a deal with the electric-vehicle startup Canoo, but under some head-turning conditions.
Diesel prices drop for the 4th week in a row
Diesel prices continue to decline for the fourth week in a row, albeit very slowly.
Rest easy: the famous Costco hot dogs will not face a price hike
According to Costco club’s CEO, Craig Jelinek, the chain’s famous hot dogs will not receive a price hike.
